Bank Of America: “Optimus Accounts For Only A Single-digit Percentage Of Tesla’s Compute, But We Expect The Resources Available For Optimus Will Grow As The Robotaxi Technology Matures”

Tesla skeptics have continued to denigrate the prospects of its in-development bi-pedal robot, called Optimus, by terming it a diversionary side-show product. Now, however, seasoned Wall Street analysts are taking notice of Optimus’ market-based opportunity for Tesla and hiking the company’s stock price target as a consequence. JUST IN: TESLA $TSLA PRICE-TARGET RAISED TO $400 (FROM $350) AT BANK OF AMERICA — ANALYST SAYS “OPTIMUS IS REAL AND DEVELOPMENT IS POISED TO ACCELERATE” “Optimus is currently used by TSLA to sort 4680 cells with no intervention. TSLA is testing Optimus in various use cases… pic.twitter.com/qC6L15UJTg — Stock Talk (@stocktalkweekly) December […]

Read full article at https://wccftech.com/bank-of-america-optimus-accounts-for-only-a-single-digit-percentage-of-teslas-compute-but-we-expect-the-resources-available-for-optimus-will-grow-as-the-robotaxi-technology-matures/